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Loans Help

How Money Works
Loans Help
29 June 2020

What to do if you miss a loan repayment

If you have a loan with Monzo, please reach out to us in the app. Here’s what we could do to help.

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How Money Works
Loans Help
8 January 2020

Loans for bad credit - find out how to improve your chances

Find out what a 'bad' credit score means and how you could try to improve it if you have one!

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How Money Works
Loans Help
17 December 2019

How do loans work?

There are a few different types of loans, such as unsecured loans and secured loans, with several different uses. Here's how they work...💰

What is an unsecured loan - image of house keys
How Money Works
Loans Help
14 January 2020

Unsecured loans - what are they and how do they work?

When you get an unsecured loan, you borrow money from a bank or a lender and you agree to make regular payments until the loan has been paid in full. 💰

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How Money Works
Loans Help
5 December 2019

What is a secured loan and how do you know if it's right for you?

A secured loan gets secured against one of your assets; typically your home or your car. We've put together some information to help you decide whether it's right for you! 💸

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How Money Works
Loans Help
5 December 2019

Hire Purchase, PCP Finance, Or Loan: Which car finance option is best for you?

We've put together a short guide on the different car finance options and deals you might consider when buying a new car. 🚗

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How Money Works
Loans Help
2 December 2019

How do you pay off a credit card?

Paying off a credit card can seem daunting. Here are some top tips on how to pay off your credit card 💳